The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-10-28

New York and cities north and east on
demand, 81 discount buying, par selling;
New York and principal cities north and
east three days grace, - discount buying,
par selling; New. Orleans, 81 discount buy
Ing, par selling.
The following notice was sent 20 Secretary
Hotter, Of the Cotton exchange by, President
Hill Of the Merchants cotton press and
storage company on yesterday: "Thc notice
Of October II, requiring cotton 20 have six
hands on each hale before being received at
the presses, is modified as follows Cotton
will be received Ia the presses when the
bands accompany the bale and the bale Is in
good mcrchantahlc order, heads scwcd up
etc. Please notify factors and buyers" &C..
In the cotton market there wis n general
advance along the line today--thc local mar.
kct closed firm and up lice on all grades.
BALES, $500 bales. Al New Orleans spots
closed firm, with futures quiet and steady,
with October advanced I point, and later
months of ! 10 ? points. Liverpool was
quoted steady, fair demand. with spots up
lied, and futures firm and advanced 2
points. Al New York spots are steady and
advanced i-iGc, with October futures up 10
points and the other months 10 points.
Alcading New York cotton circular SAYS uI
the future market Cotton options showed
animation aud numerous fluctuations. MANY
OF them sharp and nnoS Iccted, yet the rtilin,
feature Of the situation was It's absorbing az
pacity aud tendency Ia stand up well against
the pressing scale 81 56I8 points for lnta
months aud Hale points ON October. Al
the close extremes were somewhat modified
but the feeling was steady"
A. 10 the sugar outlook the American,
Grocer does not look Tor higher prices but
for n lower market In closing bear article
on the subject, IL says. ut Is evident that
there can he No marked advance In SUGAR
trust or no trust, when there il such wide
dihernec between supply aud demand. The
future II full 81 promise for still cheaper
sugar The beet sugar industry If California
u sure io lie rapidly developed. Sorghum
sugar promises 10 rcaliSc the drcap,a VI N
i~armc-L al<N-s,rS- ~ r--rTar IL can be made
IoI INnt per pound, and In quantities larg,
enough To meet all the requirements Of this
country. We vcnturc the prediction that
consumers IN the United States will, within
five years, buy sugar AZ one half the present
coat"
The salcs II food products, such ~ rice and
hour have been considerably augmented by
che scarcity Of vegetable crops In the west
The great shortage ~ the crops Il cxrrtinp
no little Influence upon several prime article.
Of consumption.
tsruHtH
Sixty hfls apples, | no SKIS bran 20 l,rl
beans aud peas, 10 pkg butter Hs rnll
'hau,ing ~ pkg bacon, 40 pkg boots an,
shocs, 51 bu corn, po pkg cheese, 10 ~
coffee, 900 SIS cutinn seed, - EAR ru,tuI
sced, ih hrls cement, liu pkgs dry gou,ls. .
pkfr cnr, 1892 iris -four, 500 bales hay. 4
pkg hats, a. head hoJrs, - head cattle. 2
head horse and mules. S25pkr,s lard. liG.U,
feet lumber, 100 pkgs liquors. ~ brl, lime
: 40 brls meal, 30 brls mnla,scs, 400 Ii
oats, 30 hrls onions so bris potatoes. ?
brls pork, 10 can pork sides. ini pkgS nu,
$50 brls sugar and 90 PKG tobacco.
ELEVATOR REroRrs.
The following shows the amount " grail
received, withdrawn aud In storc by rcrula
eleva'ors, A. rcpuricd Ca the Merchants 81
ehangc to-day Wheat in store. ?l.Syn lni
Torn Withdrawn, Is Ia. in storc, Mg bu
Vah received 2UGi bu. withdrawn, I,Gl
tu. In NfNFF